Liquid Network Recovers 3,400 BTC, About 85% of Hack Withdrawal, After Onchain Talks

Liquid Network has recovered 3,400 BTC after an onchain dialogue with Blockstream, returning about 85% of the nearly 4,000 BTC withdrawn, worth roughly $268.16 million. About 598.5 BTC remained in a new wallet as an unofficial bounty, while bridge nodes stay disabled as Federation members roll out patched software and address an authorization issue.